YTC 0.00% 23.0¢ ytc resources limited

@Flamenco"but do others suspect that the share price will be...

  1. 1,239 Posts.
    @Flamenco
    "but do others suspect that the share price will be driven down to 18 cents in time so that Glencore can buy us up"
    Um, no. Not with this kind of volume. No serious holder would fall for that, anyway. And Glencore isn't in the business of driving down pennystocks to buy a few thousand additional shares ...
    What happens is that some traders had speculated on a quick buck based on drill results. Now that is taking a few days more than expected so they sell to trade other stocks.


    @October
    Mostly agreed. Expet that a massive intercept at Nymagee North could send the SP north very fast, and we are still driling Federation which also could turn out big. I for one prefer to hold my shares, but then, Im an investor, not a trader.

    Anyway, I just sent more money to my broker account; will buy more early next week if we are still priced below 25c ...
 
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